Publication: Building SOE Crisis Management and Resilience: Emerging Practices and Lessons Learned During the COVID-19 Crisis
Date
2021-09
ISSN
Published
2021-09
Author(s)
World Bank
Abstract
This note is one of a series produced
by the World Bank’s Governance Global Practice to help
client countries address the impact of the Coronavirus
disease 2019 (COVID-19) pandemic on their economies and
governance structures. Addressed to central governments and
the management of individual state-owned enterprises (SOEs),
this note analyses the implications of the COVID-19 crisis
for the public sector and provides guidance on how
governments and SOEs can use this crisis to build or
strengthen their crisis response systems. Suggested measures
involve calibrating risks and introducing proper risk
management systems, ensuring business continuity and
resilience in emergency situations, as well as supporting
the ability of public enterprises to bounce back in the
post-crisis environment. This note draws on existing World
Bank analysis of emerging global trends in governments’
COVID-19 response measures as pertains to SOEs. It includes
practical recommendations that can be considered for
implementation by governments and by individual SOEs. In
addition, the note lists examples of policy measures that
can potentially be supported through the World Bank’s budget
support operations.
Link to Data Set
Citation
“World Bank. 2021. Building SOE Crisis Management and Resilience: Emerging Practices and Lessons Learned During the COVID-19 Crisis. © Washington, DC. http://hdl.handle.net/10986/37316 License: CC BY 3.0 IGO.”